KCS price showcases a bullish reversal rally losing momentum as it struggles to sustain above the crucial EMAs in the 4-hour chart. 

Key technical points:
<ul>
 	<li style="font-weight: 400">KCS prices have increased by 3.03% in the last 24 hours.</li>
 	<li style="font-weight: 400">The Stochastic RSI shows a bearish crossover.</li>
 	<li style="font-weight: 400">The 24-hour trading volume of KuCoin is $11.19 Million, reflecting a 31% rise. </li>
</ul>
<h2>Past Performance of KCS</h2>
<a href="https://www.cryptoknowmics.com/news/kucoin-token-kcs-price-prediction-2022-will-kcss-price-hit-28-27-in-2022/">KCS</a> prices showcase a V-shaped reversal from the psychological level of $10 after the 33% downfall from the $15 mark. The sharp reversal from the crucial level starts a series of higher low formations leading to the generation of a support trendline. Moreover, the uptrend breaks above the 50 and 100 EMA in the 4-hour chart. 

<img src="https://s3.tradingview.com/snapshots/b/blAyTaXu.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/blAyTaXu/" target="_blank" rel="nofollow noopener">Tradingview</a>
<h2>KCS Technical Analysis </h2>
KCS price action shows a weakness in the uptrend as it approaches the 200 EMA and forms a bearish engulfing candle. This reverts the prices back to the support trendline and the $15 mark. 

Furthermore, the ascending resistance trendline keeps the bullish growth in check and forms higher highs and higher lows with a contracting range. This pattern is generally called a rising wedge pattern and hints at a reversal in the uptrend.

The bearish alignment of the falling EMAs, achieved under the influence of the bear cycle, reflects a solid downtrend in action. 

The RSI slope fails to create higher highs to match the price action, leading to a bearish divergence. This increases the chances of a downfall below the support trendline.

The K and D lines of the Stochastic RSI showcase a bearish crossover in the overbought zone action, displaying the start of a bear cycle.

In short, the KCS technical analysis forecasts a potential bearish breakdown of the rising wedge pattern.
<h2>Upcoming Trend</h2>
If KCS price breaches the support trendline, the downtrend will surpass the 50 EMA and attempt to take support at the $13.5 demand zone. 

Support Levels: $13.5 and $12

Resistance Levels: $16 and $18

KCS Technical Analysis: Surpassing EMAs, Uptrend Loses Momentum 

KCS price showcase a bullish reversal rally losing momentum as it struggles to sustain above the crucial EMAs in the 4-hour chart. 

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

KCS Technical Analysis: Surpassing EMAs, Uptrend Loses Momentum

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